Robotics set for seismic change

The robotics market is set to transform over the next decade, based on the most comprehensive robotics tracker yet released by global tech market advisory firm, ABI Research.

There will be enormous growth across all sub-sectors, highlighted in a total market valuation of $277bn (~€250bn) by 2030. That growth will not be distributed evenly, however. By 2022, the burgeoning mobile robotics space will start to overtake the traditional industrial robotics market. Currently, mobile autonomy is concentrated in material handling within the supply chain, but mobile robots are set to touch every sector of the global economy for a wide range of use-cases.

Rian Whitton, Senior Analyst at ABI Research, said: “Everyone talks about self-driving passenger vehicles, but mobile automation is far more developed in intralogistics for fulfilment and industry. The automation of material handling will see huge segments of the global forklift, tow truck, and indoor vehicle market consumed by robotics vendors and OEMs that bring indoor autonomy.”